Firstmac analysis shows the number of borrowers on hardship is falling (MPA Magazine)

The latest data from Firstmac’s $12.6b loan book shows that the number of Australians on COVID-19 hardship arrangements is steadily falling despite the second wave of lockdown in Victoria. MPA spoke with chief financial officer James Austin about how Victoria compares with other states and why the ACT is doing the best nationwide.

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11 Jun 2020

Lender’s data shows car market bounce back (Autotalk)

New lending data from Firstmac shows the new car market is recovering after falls in April and May.

The automotive financier says buyers are shrugging off the COVID-19 crisis and are now borrowing to buy cars again.

In May, Firstmac says it recorded a record number of car loan applications, strengthening towards the second half of the month and continuing into June.

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